Friday, 22 January 2016

Indexes: Nikkei: Monthly and Daily Picture


Big Monthly Extension Long Area.. VPAwise M1 still bearish with record volumes but at a big extension Half Way Back. Daily pinbar on HWB is printing a decent long pattern on good volume so bear/bull battle of 2016  ahead of us which means Rangebound Action likely.. Adjusting style accordingly and trading both ways.. GL..HF




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